My ThoughtsI register that some of you consider the latest press release almost as good news. Sure it's better than bankrupt, but nothing more.
Our investments are now less worth. Instead of creating values for shareholders (most of them), the management are decreasing our values by dilution. So we pays, and some of us calls it good news.
That said I'm perfectly aware of investing in mining juniors means dilutions. And we're not finished yet. More is to come. A lot more, combined with share consolidation.
If we don't get some fundamental news in the near future I'm afraid the share price will continue to drop. I won't be surprised if we can pick up shares below five cents at some time. The good news is that it gives us an opportunity to reduce the impact of dilutions.
My opinion.
Have a nice weekend!